Industrial output dips by 1.8%

The basic goods production growth slowed to 4.1 per cent in June as compared 7.8 per cent a year ago. During the first quarter this segment recorded a growth of 3.5 per cent as compared to 7.5 per cent a year ago.

Power generation witnessed a growth of 8.8 per cent during June, compared to 8 per cent in the same month a year ago. The electricity generation increased by 6.4 per cent in the first quarter of this fiscal as against 8.3 per cent in the same period in 2011-12.

In all, 14 of the 22 industry groups in the manufacturing sector showed growth in June.